NipCo Gas calls for strong industry collaboration to boost gas utilization, supporting the government’s energy efficiency and economic goals.MD/CEO Nagendra Verma highlighted the company’s progress in CNG investment, emphasizing partnerships with NNPC and PCNGI to expand CNG stations, conversion workshops, and kit availability nationwide.NipCo Gas reaffirms its vision for cleaner, affordable, and sustainable energy.
The company secured Gas Distribution Licenses (GDL) from NMDPRA and the Federal Government, boosting investor confidence.The 25-year exclusivity prevents infrastructure duplication, ensuring efficiency.Licensed areas:Ibadan Axis (Ogere-Ibadan-Oluyole-Olorisaoko-Asejire-Ajoda) – NipCo Gas/NGMLBenin City – NipCo GasLekki Free Trade Zone – NipCo Gas/NGMLNipCo Gas secures a license for the Kara-Sagamu-Abeokuta-Ibadan Axis, reinforcing its position as Nigeria’s largest indigenous gas distributor.MD credits this milestone to strong commitment and stakeholder support.
The company has excelled in supply chain efficiency, CNG infrastructure expansion, customer satisfaction, and market growth.NipCo Gas has commissioned CNG stations across Abuja, Lagos, Edo, Delta, Ogun, Oyo, Kogi, and Akwa Ibom. Its JV with NNPC Gas Marketing Ltd boosts industrial gas supply in Lekki and the Lagos-Ibadan corridor.NipCo Gas recently signed an agreement with Delta State to build a CNG station and conversion workshop in Asaba, with plans to expand further.
The Delta State government has provided land for the project, a proactive step supporting public-private partnerships to accelerate the Presidential CNG Initiative.To boost CNG adoption, NipCo Gas is collaborating with PCNGI to expand access to conversion kits and workshops.
Through partnerships with local and international suppliers, the company aims to make kits more affordable and efficient.Raising awareness about CNG benefits and safety remains a priority, with media support playing a key role.NipCo Gas has converted 15,000 vehicles to CNG and plans to expand operations to meet rising demand.
The company aims to launch more CNG stations and enhance infrastructure but faces regulatory challenges.MD/CEO Nagendra Verma urged for streamlined approvals to accelerate growth, appreciating the government’s efforts under President Tinubu. He emphasized CNG’s potential in Nigeria’s energy mix and reaffirmed NipCo Gas’s commitment to economic growth and the Renewed Hope Agenda.
